President Donald Trump rattled off several false claims in his Nov. 12 speech to the Economic Club of New York, in which he contrasted the supposedly “bleak” outlook at the end of his predecessor’s term with an exaggerated portrayal of the economy’s strong performance during his own tenure.
Statistical measures of how things have changed since the president took office.
Statistical measures of how things have changed since the president took office.
Tariffs imposed by the Trump administration have a small, negative impact on gross domestic product growth, according to economists, the Congressional Budget Office, the International Monetary Fund and the top White House economic adviser. That contradicts President Donald Trump’s repeated claim that the tariffs have boosted the GDP.
The U.S. does not currently have economic “growth over 4 percent,” as White House counselor Kellyanne Conway claimed recently.
Statistical measures of how things have changed since the president took office.
The White House is claiming the economy grew 3.1 percent last year, but it is spinning the numbers — focusing on a little-used measure to make the economy look a little more robust than it does measured the usual way.
Statistical measures of how things have changed since the president took office.
Statistical measures of how things have changed since the president took office.
The estimated second quarter gross domestic product growth rate of 4.1 percent is not “record” or “close-to-record GDP,” as President Donald Trump recently claimed.